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Manx Financial Group Obtains GBP2 Million Loans for Subsidiary

MT Newswires·01/05/2026 04:48:21
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04:48 AM EST, 01/05/2026 (MT Newswires) -- Financial services company Manx Financial Group (MFX.L) secured two loans totaling 2 million pounds sterling for its Conister Bank subsidiary. The three-year loans of 1 million pounds each were provided by director Jim Mellon and Burnbrae Ltd., which Mellon owns indirectly. The loans, which bear interest at 8%, are repayable by the company.